PPP Loan information for Monte electric inc.

$132,839

Monte electric inc. was initially approved for PPP Loan of amount $132,839, the current approved amount is $132,839. The loan was approved on 04/28/2020 by The Valley National Bank reported 8 jobs and $132,839 was used to fund payroll.

Monte electric inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Monte electric inc.

MONTE ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONTE ELECTRIC INC.

Borrower Address

55 Walman Avenue

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07011

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132839.00

Current Approval Amount

132839.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-1000

CD

NJ-09

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132839.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

134329.75

Forgiveness Date

06/15/2021

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